Amar Goel Sells 5,279 Shares of PubMatic (NASDAQ:PUBM) Stock

PubMatic, Inc. (NASDAQ:PUBM) Chairman Amar Goel sold 5,279 shares of the business’s stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $8.61, for a total value of $45,452.19. Following the completion of the sale, the chairman owned 19,654 shares in the company, valued at approximately $169,220.94. This trade represents a 21.17% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

PubMatic Stock Performance

NASDAQ:PUBM opened at $8.83 on Wednesday. The stock has a 50-day simple moving average of $8.85 and a 200 day simple moving average of $9.53. PubMatic, Inc. has a 52-week low of $7.01 and a 52-week high of $17.32. The company has a market cap of $409.89 million, a PE ratio of -46.47 and a beta of 1.49.

PubMatic (NASDAQ:PUBM) last released its earnings results on Monday, November 10th. The company reported $0.03 EPS for the quarter, beating the consensus estimate of ($0.01) by $0.04. PubMatic had a negative return on equity of 2.78% and a negative net margin of 2.51%.The firm had revenue of $67.96 million for the quarter, compared to analysts’ expectations of $63.95 million. On average, research analysts predict that PubMatic, Inc. will post 0.22 earnings per share for the current fiscal year.

Institutional Trading of PubMatic

Several institutional investors and hedge funds have recently bought and sold shares of PUBM. Leibman Financial Services Inc. boosted its stake in shares of PubMatic by 10.3% during the 4th quarter. Leibman Financial Services Inc. now owns 115,610 shares of the company’s stock worth $1,025,000 after acquiring an additional 10,786 shares during the period. Acuitas Investments LLC lifted its holdings in PubMatic by 142.8% during the 3rd quarter. Acuitas Investments LLC now owns 355,651 shares of the company’s stock valued at $2,945,000 after purchasing an additional 209,159 shares during the last quarter. Sherbrooke Park Advisers LLC bought a new position in PubMatic during the third quarter worth $160,000. Prelude Capital Management LLC bought a new position in PubMatic during the third quarter worth $176,000. Finally, Public Employees Retirement System of Ohio increased its holdings in shares of PubMatic by 60.5% in the third quarter. Public Employees Retirement System of Ohio now owns 54,088 shares of the company’s stock valued at $448,000 after purchasing an additional 20,388 shares during the last quarter. Institutional investors own 64.26% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have commented on PUBM shares. Weiss Ratings reissued a “sell (d)” rating on shares of PubMatic in a research report on Wednesday, October 8th. Wolfe Research reiterated an “outperform” rating and set a $14.00 target price on shares of PubMatic in a report on Monday. B. Riley raised their price target on PubMatic from $9.00 to $10.00 and gave the company a “neutral” rating in a research note on Tuesday, November 11th. Wall Street Zen upgraded PubMatic from a “sell” rating to a “hold” rating in a research note on Sunday, December 21st. Finally, Rosenblatt Securities increased their price objective on PubMatic from $17.00 to $20.00 and gave the company a “buy” rating in a report on Tuesday, November 11th. Five analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $12.44.

PubMatic News Summary

Here are the key news stories impacting PubMatic this week:

• Positive Sentiment: PubMatic unveiled AgenticOS, an operating system to enable autonomous, agent-to-agent programmatic advertising that the company says will orchestrate planning, transacting and optimization across premium digital environments — a strategic product that could expand addressable market and drive differentiated revenue if adopted by publishers and buyers. PubMatic Launches AgenticOS (Business Wire)
• Neutral Sentiment: Trade press coverage of AgenticOS is spreading (product explainers and industry context), which supports awareness and sentiment but does not yet show customer wins, contracts or clear monetization timing — monitor early partner/customer announcements and pilot results for revenue signals. PubMatic Launches AgenticOS (DestinationCRM) Agentic AI as marketing infrastructure (MarketingTechNews) PubMatic launches AgenticOS (Advanced Television)
• Negative Sentiment: Multiple insiders executed open-market sales in early January (CEO Rajeev K. Goel, CFO Steven Pantelick, Chairman Amar K. Goel, General Counsel Andrew Woods and director Mukul Kumar). Collectively the filings show roughly ~116,000 shares sold (~$1M of proceeds at recent prices). Large reductions by the CEO/C-suite can be interpreted negatively by the market and may weigh on sentiment until clearer operational or revenue upside appears. CEO Form 4 (SEC)

About PubMatic

PubMatic is a cloud-based digital advertising technology company that provides a supply-side platform (SSP) enabling publishers to automate and optimize the sale of their ad inventory across display, mobile, video and connected TV channels. Its core offerings include real-time bidding infrastructure, header bidding solutions under the OpenWrap brand and data analytics tools that deliver actionable insights on audience engagement and monetization performance. By facilitating seamless auctions and providing transparent reporting, PubMatic helps publishers maximize yield while improving buyer experiences.

Founded in 2006 by Rajeev Goel and a team of ad-tech veterans, PubMatic grew from an early entrant in programmatic selling to a publicly traded company, listing on the Nasdaq (symbol: PUBM) in December 2020.